House For Sale £1,350,000
A rare opportunity to acquire a freehold development in a town centre address within walking distance of the shops and restaurants of the Oracle development and the mainline station. The development has been well maintained and the 7 apartments consist of 5 x 1 bedroom and 2 x 2 bedroom contemporary styled units. The individual apartments are finished to a high standard with well-equipped kitchen areas and modern bathrooms.
Agents Note
Parking
There is a single parking space located at the front of the property
Communal Garden
The development has a paved part-walled courtyard garden with a low-level wall leading to an area of lawn with conifers
Flat 3
Flat 3 has a private area of paved patio and lawn accessed from the living room
Lower Ground Floor
Houses the meter room and storage
Rental Income
The vendor has informed us that currently 5 of the 7 apartments are currently let on assured shorthold tenancies and the remaining two units will be re-let once the current maintenance program has been completed. Historically, when fully occupied, the gross rental income is between £72,000 and £76,000 per annum
Agents Note
Parking
There is a single parking space located at the front of the property
Communal Garden
The development has a paved part-walled courtyard garden with a low-level wall leading to an area of lawn with conifers
Flat 3
Flat 3 has a private area of paved patio and lawn accessed from the living room
Lower Ground Floor
Houses the meter room and storage
Rental Income
The vendor has informed us that currently 5 of the 7 apartments are currently let on assured shorthold tenancies and the remaining two units will be re-let once the current maintenance program has been completed. Historically, when fully occupied, the gross rental income is between £72,000 and £76,000 per annum
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